In 2012, Kazakhstan made an outstanding leap in the WEF global competitiveness rankings, coming close to the top 50 countries. However, the inclusion of Kazakhstan in the group of countries that are in transition to innovative development, as well as the continuing imbalance for some indexes of our competitiveness, makes moving up further a big challenge.

+4 on the Lausanne Count

A nice addition to the phenomenal success of Kazakhstan in the WEF rankings was also a fact that Kazakhstan ranks 32nd in the list of most competitive economies, according to IMD. This is the highest achievement of our country in the five years since the Swiss Institute included Kazakhstan in its annual survey.

Eurasian Recipes for Global Energy

The VII Eurasian Energy Forum KAZENERGY, which took place in early October in Astana, was dedicated to an important and polemical theme – building a sustainable energy future. In the framework of it, leading experts from 60 countries discussed the challenges the global energy community had faced, and assessed the contribution that Kazakhstan could provide in solving these issues.

Local Content in Kazakhstan: New Level and New Challenges

Kazakhstan Oil and Gas Exhibition and Conference (KIOGE), along with the Eurasian Energy Forum, became a key event of the autumn oil & gas week. It has been twenty years now since the time this dialogue platform began successfully operating with its mission – stirring up the interest of the global oil & gas market participants, international organizations, and financial institutions to the domestic petroleum industry.

Alageum Electric is a joint stock company with innovative electrical plants to produce complex transformer equipment of the global energy standard. The Company has its design and research institutes, as well as engineering and service centers to construct and modernize power facilities for large power distribution companies and major regional power systems. Erkebulan Iliyasov, Chairman of the Board of Alageum Electric JSC , answers questions from the Kazakhstan magazine.